XY Planning Network Inc. Buys New Position in SPDR Portfolio S&P 500 Value ETF $SPYV

XY Planning Network Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 8,691 shares of the company’s stock, valued at approximately $528,000.

Several other hedge funds have also recently made changes to their positions in SPYV. AQR Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Value ETF by 13.9% during the 1st quarter. AQR Capital Management LLC now owns 65,816 shares of the company’s stock valued at $3,361,000 after buying an additional 8,012 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 330.6% during the second quarter. Russell Investments Group Ltd. now owns 5,202 shares of the company’s stock valued at $272,000 after purchasing an additional 3,994 shares in the last quarter. Marshall Wace LLP purchased a new stake in SPDR Portfolio S&P 500 Value ETF during the 2nd quarter worth approximately $3,008,000. Qube Research & Technologies Ltd lifted its holdings in SPDR Portfolio S&P 500 Value ETF by 28.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,800 shares of the company’s stock valued at $565,000 after purchasing an additional 2,394 shares in the last quarter. Finally, Peapack Gladstone Financial Corp purchased a new position in SPDR Portfolio S&P 500 Value ETF in the 2nd quarter worth approximately $295,000.

SPDR Portfolio S&P 500 Value ETF Trading Down 0.6%

Shares of SPYV stock opened at $62.67 on Thursday. The company’s 50-day moving average price is $62.68 and its 200-day moving average price is $60.41. The stock has a market cap of $36.54 billion, a price-to-earnings ratio of 20.50 and a beta of 0.82. SPDR Portfolio S&P 500 Value ETF has a twelve month low of $53.94 and a twelve month high of $64.26.

SPDR Portfolio S&P 500 Value ETF Company Profile

SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio. The selection universe for the S&P 500 Index includes all United States common equities listed on the New York Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $3.5 billion or more.